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1 5 . Susan realizes that she has charged too much on her credit card and has racked up $ 2 2 , 0 0

15 .

Susan realizes that she has charged too much on her credit card and has racked up $

22, 000

in debt. If Susan can pay $

500

each month and the card charges

23

percent APR

(

compounded monthly

),

how long will it take her to pay off the debt?

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